Is Victor, NY a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
Since last year, Victor has remained a Seller's Market.
Key Takeaway
Victor is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Victor, NY
How much do homes in Victor, NY cost?
Median Sold Price
$435,000
$193/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Key Takeaway
Homes in Victor have sold for 3.3% less than they did a year ago.
Summary: The median home sold price in Victor was $435,000 in May 2024, down 3.3% from last year, and the median price per square foot was $193.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $210K | N/A |
| 2 Bedrooms | $200K | $234.5K | +17.3% |
| 3 Bedrooms | $337K | $362.5K | +7.6% |
| 4 Bedrooms | $465K | $509.5K | +9.6% |
| 5+ Bedrooms | $655K | $725K | +10.7% |
Summary: Victor housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.3%, 3 bedroom homes increased by 7.6%, 4 bedroom homes increased by 9.6%, and 5+ bedroom homes increased by 10.7%.
Housing Supply in Victor, NY
How many homes are available in Victor, NY?
Number of Homes For Sale
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 40 | 45 | +12.5% |
Summary: The Victor real estate market had 45 homes for sale in May 2024, a 12.5% increase compared to April 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 5 | 0.0% |
| 3 Bedrooms | 18 | 19 | +5.6% |
| 4 Bedrooms | 11 | 15 | +36.4% |
| 5+ Bedrooms | 6 | 6 | 0.0% |
Summary: The Victor housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 36.4%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Apr 2024 | May 2024 | CHANGE |
|---|---|---|
| 9 | 11 | +22.2% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
8 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Victor, you could pay more than the asking price. 72.7% of homes here sold above asking price last month.
Summary: A total of 11 homes were sold or pending in Victor in May 2024, up by 22.2% month-over-month. Of the 11 sold homes, 18% were sold under asking, 9% were sold at asking, and 73% were sold over asking.
Days on Market for Victor, NY
How long does it take to sell a home in Victor, NY?
Average Sale Time
| May 2023 | May 2024 | CHANGE |
|---|---|---|
| 8 Days | 11 Days | +28.8% |
Summary: Homes in Victor had an average of 11 days on market in May 2024, up by 28.8% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Victor are selling fast, if you're buying plan to act quickly.
Summary: During May 2024, 11 homes were sold in Victor; 91% of homes were sold within 30 days, 9% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
